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contraction in the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly getting together. and lauren simonetti on the floor of the exchange. looks like they will he' give staples a run for their money. >> it may be higher prices for consumers. let's go straight to where they both trade. as you can see, office depot and officemax surging and opening up 32% to the upside from depot and officema
the collapse of euro and connection with the u.s., first the u.s. has a lot of investment in europe, so, i mean, these kind of uncertainty, they trigger and they spill out, but there is another big thing. and the u.s. based a lot of kind of prospective growth on experts and when you don't export. when the countries are buying your stuff are doing really, really badly, that's another kind of channel for trouble for us. >> and one last one. i'm told that austerity is the result of spending cuts in europe. is that accurate? >> hardly. hardly. i mean, there are some countries who actually cut spending a little bit, but these countries have also overwelcomingly increased taxes. >> that's it. it's a tax increase as opposed to a spending cut produced this misery? >> and by the way, alberto al seena of harvard and some of the co-authors have shown this is the worst way to reduce debt to gdp ratio. this balanced approach, the president likes, the mix-up can prevent spending cuts, but absolutely real tax increases. stuart: veronique de rugy, you make a lot of sense. you'll be back. and nicole? >> macy's,
Search Results 0 to 1 of about 2

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